Bitcoin price extended its gains above the USD 7,550 and USD 7,650 resistance levels, opening the doors for more upsides. Finally, BTC/USD surged above USD 7,850 and tested the key USD 8,000 resistance area. The price is currently (09:00 UTC) consolidating gains and dips are likely to remain supported near USD 7,650 in the near…
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Bitcoin price is showing a lot of positive signs above the USD 7,350 and USD 7,400 resistance levels. Once BTC/USD settles above USD 7,550 and USD 7,650, it could set the stage for an upward move towards the USD 8,000 and USD 8,200. Besides, most major altcoins are gaining traction and rising with a bullish…
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The cryptocurrency market sentiment finally made a larger move after weeks of minor activity. Instead of a fall following the last Monday’s rise to 4.64, as the recent established pattern would’ve indicated, the combined moving average 7-day market sentiment measure for the top 10 coins went up to 4.79/10, according to Omenics, a cryptocurrency market…
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John McAfee. Source: Twitter/@officialmcafee One of the Crypto Twitter’s most “relevant” discussions is currently ongoing – whether or not John McAfee should indeed eat his penis in twelve months if he loses his famous bet as promised. The controversial entrepreneur and former Bitcoin (BTC) bull, however, is walking back on that promise. The Cryptoverse has…
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In December, Micree Zhan Ketuan, the ousted co-founder of the world’s largest producer of Bitcoin mining equipment, Bitmain, reportedly asked a Cayman Islands court to reverse a shareholder decision that cost him voting control of the crypto-miner. Shareholders voted then to convert Bitmain’s Class B shares to one vote per share, versus 10 votes previously…
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This week, bitcoin price extended its decline below the USD 7,250 support level. BTC/USD even traded below the USD 7,050 and USD 7,000 support levels. Finally, the price traded close to the USD 6,850 support level and recently started a fresh increase. Similarly, most major altcoins tested key supports and are currently (09:00 UTC) recovering,…
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It would certainly be strange to draw all money from a bank like people are taking their crypto off the exchanges today. And it would be unthinkable for the banks to support their customers taking their money out en masse. Yet, that’s what we see in the Cryptoworld. What’s more, this approach seems to be…
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The remains of a vehicle hit by missiles outside the Baghdad Airport. Source: a video screenshot, Youtube, Guardian News The popular oft-debated narrative of Bitcoin (BTC) as a safe haven is being tested yet again, following the U.S. strike in Iran. (Updated at 14:14 UTC: updates in bold). Iranian Major-General Qassem Soleimani, head of the…
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This week, bitcoin price faced an increase in selling pressure below USD 7,350. As a result, BTC/USD settled below the USD 7,250 support and recently tested the USD 7,120 support. The current market sentiment suggests high chances of more downsides below USD 7,100 in the short term before a possible recovery. Similarly, most major altcoins…
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Zac Prince, co-founder of BlockFi. Source: a video screenshot, Youtube, Bitcoin Archives Major crypto lender BlockFi aims to develop a Bitcoin (BTC) rewards credit card, with a view to rolling out this year. In an official announcement, co-founders Zac Prince and Flori Marquez stated that the new card would allow customers to earn “an industry-leading,…
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